Continuation of high-ranking financial market talks between Switzerland and China

Bern, 20.12.2021 - On 20 December 2021, Federal Councillor Ueli Maurer and Chinese Deputy Prime Minister Liu He once again held a virtual exchange of views on current financial market issues. Financial market cooperation should be further reinforced and expanded.

Accompanied by the heads of the respective central banks and financial market supervisory authorities, as well as from the financial sector on the Swiss side, the two ministers talked about sustainability in the financial sector, cooperation in equity trading, central bank digital currency and cooperation projects in wealth management and insurance.

The latest virtual ministerial meeting pursued and consolidated the contacts already established between the financial authorities and the financial sector in Beijing in April 2017, and deepened in April 2019 and March 2021. Parallel to the existing free trade agreement, the financial market relations between the two countries are also to be intensified further. The opportunities created by the liberalisation moves on the Chinese financial market are to be used for concrete projects.

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